Wall Street rebounded, European stock markets steadied and oil prices fell Friday as investors weighed the US government shutdown, fears of an AI bubble and the Gaza ceasefire.

The week was marked by a raft of new records in several markets, with the tech-heavy Nasdaq index, the Frankfurt stock exchange and gold prices reaching new heights. Silver also surged to a decades-long high.

The Nasdaq, S&P 500 and the Dow opened higher on Friday, the 10th day of the US government shutdown, after retreating the previous day.

“The stock market … has yet to show that it really cares about the shutdown,” said Briefing.com analyst Patrick O’Hare.

Investors were focusing on third-quarter corporate results.

Buying sentiment won a boost this week from news that ChatGPT-maker OpenAI had signed multi-b

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